Member Info for dougerboy

Sodium Polyitaconate contained in this nappy cream. It’s not a big leap from this into actual diapers. It’s got to be a big target firmly in Itaconix’ crosshairs.

https://www.beautycos.co.uk/lille-kanin-diaper-changing-cream-250-ml-1685702733

Description

“Diaper changing cream keeps the skin dry by absorbing the moisture that comes from a wet diaper”

Haha I don’t think it’s so bad Elsol. It is after all the birth place of Stan Laurel. Let’s hope Itaconix start putting big smiles on our faces, soon!

That is VERY interesting info AJP. A Unilever subsidiary/business using plant based ingredients for a wide range of product formulations…

I don’t know how Unilever’s Environmental Corporate Approval Procedures are setup - but there is an Itaconix man -Jim Gordon - ex-Unilever who probably does. I think it is highly significant that a Unilever company is using our ingredients - that door has been walked through, and the room it looks like we have entered a a very big indeed.

I haven’t bought any ITX for a while - it’s been a LONG journey - but tomorrow might be another purchase day.

I hope so AJP. We’ve been in the starting blocks for a very long time. Time to fire the pistol.

Good work AJP. They are also hiring for a nightshirt position: https://itaconix.bamboohr.com/careers/25

So the factory seems to be motoring along nicely (without too much of that low margin Business one hopes!)

So sorry Thordon. DB.

Thanks AJP. New products means new sales, which is encouraging. I’m surprised Thordon has been on radio silence for so long. Maybe he/she has sold up - wouldn’t blame them. I haven’t - but the delivery of positive share price trajectory really needs to start motoring.

You might be right Surfie - for a while. Or you might be wrong! My expectation on the rate of revenue/profit growth has been wrong. But I still hold, maybe wrongly. But what I hold fast to is that Itaconix SELLS product. It is making and selling. So will they be selling (profitably) more or less in future years? I’m still holding.

Not sure on recent quantities AJP. For sure there is a LOT being imported into the USA, also going to LUBRIZOL, TORAY COMPOSITES, among others. A rising tide lifts all boats, hopefully.

Yep, I get all that Smart. And understand your disappointment - got some of my own, given that the revenue/GM growth curve has been too tardy. If it started to lift like FTC, I’d be a lot happier!

Well, you can’t be in two places at once Smart! For existing investors you’ve said you hope you are wrong, and I guess for “non-existing investors” (you), presumably you hope you are right!

Thanks AJP. How did you know I was good at German!

Where‘s Thordon our main research sleuth these days? Have you sold up Thordon - understandable if you have irs been longer than expected. Hopefully good things come to those who wait.

This is significant: The Pampers diaper is composed of an average of 3.97 g of sodium polyacrylate, linked on a thin thread, and an average of 0.71 g of cotton. Huggies has an average of 1.88 g of fine powdery sodium polyacrylate and an average of 6.97 g of cotton.

I am sure the CEO and his team will be trying to replace that acrylate word with ITACONATE

Yep you are right it will probably take a fair while Surfie - but clearly HE doesn’t think he should have sold (he has bought more in fact) - which is what holds my interest, among other things.

Fair Point Surfie. But I guess the CEO thinks not. He didn’t sell out either when it was 5 times where it is now, a couple of years back. He clearly believes it‘ll look a whole lot different ie better in the future.

LGL „I don't think ITX currently have a business model that works in the N. American market“

Clearly they do - they have their ingredients in 100 + products & brands across multiple US retail outlets.

Granted, it needs to be one delivering profitable growth - which seems to me to be the current bone of contention on this board, regarding the loss/removal of the large revenue customer.

If we take JS at his word - and he seems to be a pretty straight/honest CEO compared to some on AIM - he will not load his factory capacity with high volume insufficient margin business, ie potentially loss making growth.

That probably took some courage - well justified, so long as it gets replaced with more attractive profitable growth/higher margin business. Time will tell. Hopefully soon.

Some decent incentive for the directors here. And they also bought of their own accord a wee while back. I wonder what price they might be tempted to exercise at?

As an occasional poster on here and holder for a fair wee while, I’ve now cashed in. My main reason being here was the arrival of Richard Gibbs, he‘s going, so am I at a decent exit point. Wishing everyone the best - and hoping my timing was wrong (it usually is!) and onwards and upwards. Cheers!

Down 15% today on a measly 30k shares traded. What a joke AIM is. SI called it right. If it goes down anymore I’ll be hitting the buy button. Back to 2.8p in old money!

Oh and IF JS could improve GM further in 2024 towards 40% overall plus revenue growth towards $9M (not expected - I know) we are then looking at a breakeven year. ie the EBITDA loss of this pass year is history. It’ll be interesting to monitor further shipments.